A certain whale, after suffering losses on 14 consecutive long positions yesterday, reversed the strategy to short with 10x leverage, betting on a ZEC pullback.

**Crypto Whale’s Short Positions: All-Time Profit $86.36M, Still Adding Shorts** Per Auntie Ai’s monitoring data as of May 9, a crypto whale known for shorting a basket of altcoins still maintains an all-time total profit of $86.36 million. Currently, the whale holds 28 altcoin short positions—including ZEC, TON, NEAR, and LIT—plus a short on crude oil (CL), with a total position value of roughly $47.66 million. It is actively adding to its short positions. **May 4 Turning Point for P&L** May 4 marked a turning point for the whale’s profit and loss (P&L). Before then, its entire position set was still in floating profit. However, as expectations grew for a resolution to the Middle East conflict and the broader crypto market rebounded, its short position portfolio gradually moved into negative territory.

May 9 – The chairman of Iran’s parliamentary Energy Commission said Wednesday local time that production continues at multiple Iranian oil fields. He called attacks on Iranian oil tankers “completely illegal” and noted U.S. pressure on Iran’s oil exports has not had a significant impact. No official reports of oil leaks near Khark Island, a key Iranian oil export hub, have been received, he added. Earlier, some media outlets cited satellite imagery showing a large crude oil spill near Khark Island, covering tens of square kilometers of sea. The spill has raised market concerns over Middle East energy supplies and maritime security. In the past 24 hours, former President Trump threatened to resume the “Freedom Plan” — which he described as an “upgraded version” — if the current situation “does not make progress.” He also said he expects a formal response from Iran on a U.S. agreement proposal. However, Trump did not answer questions upon returning to the White House about whether

On May 9, crypto influencer BroLeon shared a post noting a Binance “aura maxxxing” tweet had inadvertently spurred market speculation. After a brief surge for Solana-based meme coin Aura, the tweet in question was deleted. The community initially took the tweet as a sign Binance was mending ties with Solana, drawing parallels to the prior listing of meme coin Usduc on Binance US. That sparked FOMO buying of Aura, with market data showing the token surged sharply in a short window. Later, some community members spotted Binance’s main platform had removed the tweet. Market watchers say the deletion likely aims to curb overspeculation and hype around meme coins.

May 9th Bitcoin’s latest move ties back to macro narratives, with two key developments underscoring dollar risks and shifting investor preferences: - **Ray Dalio’s Debt Warning**: Bridgewater Associates founder Ray Dalio flagged the $39 trillion U.S. debt crisis as a threat to the dollar—warning of long-term devaluation or even a "collapse." He noted the U.S. spends ~$7 trillion annually but only generates ~$5 trillion in revenue, pushing long-term fiscal deficits and debt expansion to historically dangerous levels. Historically, such periods have seen fiat currencies erode while gold benefits, he added. - **JPMorgan’s Gold-to-Bitcoin Rotation**: JPMorgan analyst Nikolaos Panigirtzoglou said the market is rotating out of gold and into Bitcoin as part of a "currency debasement trade." Since the Iran conflict escalated, Bitcoin ETF inflows have consistently outpaced gold ETFs, with some funds now framing Bitcoin as "digital gold" and a hedge against dollar weakness. **Context

May 9 – The governor of Iran’s Hormozgan Province’s Lengeh Port County denied earlier reports Wednesday that U.S. fighter jets attacked multiple Iranian cargo and fishing vessels near Sabk Port in the Sea of Oman. The reports claimed six vessels were targeted, leaving six people missing and six injured. In an interview, the governor said media reports attributed to him about the incident “are not true.” He stressed no relevant authorities have yet released official, confirmed information or statistics on such an attack. (FXStreet)

On May 9, Bitget launched its VIP-Exclusive ETH Wealth Management Product, targeting VIP users who participated in CC PoolX between 6:00 PM May 6 and 6:00 PM May 10 (UTC+8). During the event, eligible users can head to the "Earn ETH Easily" tab to subscribe to ETH, with a maximum annual percentage rate (APR) of 5%. The subscription period runs from 6:00 PM May 10 to 6:00 PM May 15 (UTC+8). Additionally, Bitget will set aside a total of 100 NVDAON tokens as extra rewards for VIP users who meet specific trading criteria tied to their ETH deposit timing, amount, and holding period. For full details, visit the official Bitget platform.